This represents less than 0.5% of the total law firms in the region, as accountancy firms dominate the landscape with over 50% of professional verifiers
Martin Cheek, Managing Director of SmartSearch, highlights the urgency for UK regulated firms to conduct sanctions checks following the imposition of 50 new sanctions on Russian individuals and businesses
Survey data reveals a concerning 42% rise in financial crime attempts, with over a quarter of regulated firms falling victim. Legal professionals, solicitors, and conveyancers report a significant increase, while estate agents and property professionals experience a substantial jump
Barrister Lewis Robert Tresman has been ordered to be disbarred by an independent disciplinary tribunal after findings of serious professional misconduct